Leased Retail
368 Pier Ave Oceano, CA 93445
368 Pier Ave, Oceano, CA, 93445
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For Sale
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Leased retail storefront positioned near two entrances to Oceano Dunes State Vehicular Recreation Area.
Property Size1,050 SF
Price / SF$580.95
Days on Market161
Property Features for 368 Pier Ave
General Information
- Standard status
- Active
- Size
- 1,050 SF
- Property subtype
- RETAIL
Listing agency
Archer Wilkinson
(805) 234-3722
Listed by
Patrick Archer Wilkinson
(805) 234-3722
Source
Moodyscre
Added: Feb 11 Updated: Jul 22 at 6:22PM Checked: Jul 22 at 6:22PM
Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Archer Wilkinson
Investment Insights
Based on property information with market context.
This leased retail storefront offers an existing, operating business and is positioned as a long-term lease opportunity. The asset is described as having strong street-front visibility and is configured for retail use.
Situated on Pier Avenue, the property benefits from proximity to Oceano Dunes State Vehicular Recreation Area, which is noted as having between 1.5 and 2 million visitors annually, with Pier Avenue identified as one of two entrances to the recreation area. The property is also described as being about a half block from the beach.
For buyers seeking a retail investment with current tenancy, this offering at 368 Pier Ave in Oceano, CA 93445 provides a retail storefront setting aligned with both local and visitor traffic associated with the dunes access and beach area.
Situated on Pier Avenue, the property benefits from proximity to Oceano Dunes State Vehicular Recreation Area, which is noted as having between 1.5 and 2 million visitors annually, with Pier Avenue identified as one of two entrances to the recreation area. The property is also described as being about a half block from the beach.
For buyers seeking a retail investment with current tenancy, this offering at 368 Pier Ave in Oceano, CA 93445 provides a retail storefront setting aligned with both local and visitor traffic associated with the dunes access and beach area.
Key Highlights
- Leased retail storefront on Pier Avenue positioned near two entrances to Oceano Dunes State Vehicular Recreation Area.
- Just a half block from the beach, with a leased investment setup.
- Pier Avenue retail location near the entrance to Oceano Dunes for capturing visitor spending.
Local Financial Insights For Retail
Simulate Cap Rate and NOI
NOI Build-Up
- Vacancy
- income lost from leasable area expected to sit empty during the year — subtracted from gross rent.
- EGI (Effective Gross Income)
- gross rent minus vacancy losses — the realistic income before paying operating costs.
- OpEx (Operating Expenses)
- recurring costs to operate the property (property tax, insurance, utilities, maintenance, management) — excludes financing and capital improvements.
- NOI (Net Operating Income)
- income a property generates after operating costs but before financing and taxes.
| Component | $ | $/SF |
|---|---|---|
| Gross rent | $25.2k | $24.00 |
| − Vacancy | −$832 | −$0.79 |
| EGI | $24.4k | $23.21 |
| − OpEx | −$7.3k | −$6.96 |
| NOI | $17.1k | $16.25 |
1,050 SF · lease $24.00/SF/yr · vacancy 3.30% · expense 30.00%
Alternative Uses
Best Use
Retail
$243.7K
$213.2K – $284.3K
NOI $17,058 @ 7.0% cap · market cap 2.80%
Second Best
—
—
no second resolved use
Theoretical Best
Healthcare Medical
$412.9K
$361.3K – $481.8K
NOI $28,906 @ 7.0% cap · market cap 4.74%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Location Intelligence
Current Use by Public Records
Sand lot Beach ...
(Bike/Boat/Book/etc) Store
Similar For Sale Nearby
FAQs
What type of property is this?
Retail space - Leased retail storefront positioned near two entrances to Oceano Dunes State Vehicular Recreation Area.
Where is this retail space located?
The property is located at 368 Pier Ave Oceano, CA.
What is the asking price?
The asking price for this property is $610,000.
What are key features of this property?
This property features: Leased retail storefront on Pier Avenue positioned near two entrances to Oceano Dunes State Vehicular Recreation Area.; Just a half block from the beach, with a leased investment setup.; Pier Avenue retail location near the entrance to Oceano Dunes for capturing visitor spending.
